Please sign attendance sheet.
Welcome!
13th Annual
Business Plan Competition
Informational Meeting
“I am interested in
participating in the
Business Plan Competition.
What’s my next step?”
You have two options:
Option #1
You have an idea
Put together a team
Register
Option #2
You want to participate,
but you don’t have a team.
Network or contact Mrs. Stillwaggon
Get matched with a team
If you are having difficulty
finding a team to join
OR
you are looking for additional
team member(s),
please contact
Mrs. Stillwaggon.
Categories
Commercial Enterprise
Social Enterprise
Eligibility

Any Grove City College full-time student may participate either individually
or on a team.

Team size is unlimited.

Each team may have non-GCC members, but team leader must be a GCC
student.

Students may re-enter a non-finalist business plan in the competition one
additional time provided 50 percent of the original team will again
participate.


All cash prizes are taxable. Please note – no taxes will be withheld from the
award money. Winners are personally responsible for any tax liabilities
incurred in the acceptance of this prize. Payment of taxes on the cash
awards are in addition to any other financial withholdings that may be
applied in accordance with various terms and conditions associated with the
acceptance of student financial aid.
Students are encouraged to seek further information or clarification
regarding any such withholdings from the Office of Financial Aid.
Business Plans

Plans for Social Enterprises (nonprofits, community service
organizations, and ministries, etc…) are encouraged.

Cross-discipline teams are encouraged.

Students are discouraged from being part of more than one plan.

All business plans submitted and presented must be appropriate
to the vision and mission of Grove City College and The Center
for Entrepreneurship & Innovation.

Proposals for existing franchises, tax shelter opportunities, real
estate syndications are not eligible.

Refer to www.gccbusinessplans.com for:




Recommended Format for Writing Business Plans
Tips for a Winning Business Plan
Contest Rules
Past Winners
Process
Team Registration (by 11:59 p.m. February 20)

www.gccbusinessplans.com
Mentor Match-up

If desired, each registered team will be matched
with a business coach who will work with students
BEFORE final plans are due on March 30.
Process
Submission of Plans (by March 30)



Twenty (20) page maximum (including
appendices)
Electronic submission in PDF format
Be sure to follow rules for submission
Process



Signed submission forms are also due at this
time.
Must be signed by each teammate.
Purpose:


Confirms that the written plan is students’
original work.
Determine percentage of winnings due to each
teammate.
Process
Review of Plans by Business Professionals
(Reviewers)


Provide ratings and comments on plans
Results will be tabulated and comments will be
shared with teams
Finalists

3-5 finalist teams will be selected in both
the Social and Commercial Enterprise
categories

Finalists notified by April 21 (morning)
Presentations

Friday, May 1st



Morning
Afternoon
Social Enterprise
Commercial Enterprise
Sticht Lecture Hall – Open to campus & community
(NDA)

PowerPoint or Prezi slide show format

Presentations will not be videotaped, but photos will
be taken
Presentations

Panel of Judges will ask questions

All team members should be present on
stage

Prototypes are permitted

Samples (given to judges) must be
preapproved
Awards
1st Place (in both categories)
• $5,000 cash
• Legal Consultation*
• Three (3) hours Accounting/Financial*
Consultation
• Web Design Services*
*Services must be used for the winning business only and will expire on
May 1, 2016.
Awards
2nd Place (in both categories)
• $3,000 cash
• Legal Consultation*
• Two (2) hours Accounting/Financial*
Consultation
• Web Design Services*
*Services must be used for the winning business only and will expire on
May 1, 2016.
Awards
3rd Place (in both categories)
• $2,000 cash
• Legal Consultation*
• One (1) hours Accounting/Financial
Consultation*
• Web Design Services*
*Services must be used for the winning business only and will expire on
May 1, 2016.
Awards
Recognition



NEW: On May 2nd @ 10 a.m. in Harbison Chapel, the
announcement of winners and presentation of awards will be
made.
Results will be communicated internally throughout the
campus and externally through the media.
Winning team information will be posted on the
Entrepreneurship website – www.gccentrepreneurship.com
and Facebook
2015 Key Dates
February 12 4:00 pm
General Informational Meeting – HAL 316
February 20
DEADLINE: registration
www.gccbusinessplans.com
March 30
Final Business Plans submitted in PDF form
March 30
Signed submission form due (to Mrs. Stillwaggon)
April 21
morning
Finalists announced via email
April 21
4:00 p.m.
Finalists Informational Meeting; HAL 316
May 1
9:00-12:00
SOCIAL Enterprise presentations in Sticht
1:30-5:00
COMMERCIAL Enterprise presentations in Sticht
10:00 a.m.
Announcement and Presentation of Winners – Chapel
(during Parents’ Day Awards Convocation)
May 2
Please refer to the
Competition Rules
www.gccbusinessplans.com
Questions?